Funding spread now, next payment 18:00 UTC−0.0225%/8h
paid, last 24h−0.055%paid, last 5 days+0.040%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.040% in total (about 2.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TRXUSDT | 0.3438 | 0.0100 | pay 0.0100% / 8h | 6h 41m | $9.4M | $2.1M | 75x |
| Short | Backpack TRX_USDC_PERP | 0.3440 | −0.0125 | pay 0.0016% / 1h | 41m 25s | $60K | $4K | 10x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$47.25
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$69.25
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; Backpack: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.055%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 3 min ago | 0.14 bp | 8.9 bp −$9 | 14.7 bp −$147 | 35.6 bp −$3,558 | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TRX on 32 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bybit TRXUSDT | −0.0184% | 8h | $54.6M | $7.6M | 75x | as long as short |
| BingX TRX-USDT | −0.0160% | 8h | — | $35.3M | — | as long as short |
| Kraken Futures PF_TRXUSD | −0.0158% | 1h | $1.8M | $893K | 25x | as long as short |
| Aster TRXUSDT | −0.0147% | 8h | $913K | $583K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | $5 | — | 20x | as long as short |
| SoDEX TRX-USD | −0.0128% | 1h | $408 | $5K | 5x | as long as short |
| Backpack TRX_USDC_PERPshort | −0.0125% | 1h | $60K | $4K | 10x | |
| Phoenix TRX | −0.0116% | 1h | $5K | $13K | 10x | as long as short |
| HTX TRX-USDT | −0.0073% | 8h | $834K | $632K | 75x | as long as short |
| Phemex TRXUSDT | −0.0036% | 8h | $3.7M | $1.5M | 50x | as long as short |
Bitget TRXUSDT
Backpack TRX_USDC_PERP
Bybit TRXUSDT
BingX TRX-USDT
Kraken Futures PF_TRXUSD
Aster TRXUSDT
SoDEX TRX-USD
Phoenix TRX
HTX TRX-USDT
Phemex TRXUSDT
Binance TRXUSDT
Extended TRX-USD
MEXC TRX_USDT
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
Variational Omni TRX
Injective TRX/USDC PERP
Paradex TRX-USD-PERP
Lighter TRX
Gate TRX_USDT
Hyperliquid TRX
KuCoin TRXUSDTM
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]